Hup Seng Industries Bhd (XKLS:5024) Cyclically Adjusted PB Ratio: 4.13 (As of Jul. 29, 2026) — Near Median

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XKLS:5024 Hup Seng Industries Bhd XKLS:5024
93 GF Score
Price RM0.95
GF Value RM1.03
Valuation Fairly Valued
! 1 Warning Sign
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What is Hup Seng Industries Bhd Cyclically Adjusted PB Ratio?

Hup Seng Industries Bhd XKLS:5024 +0.53% 93 Cyclically Adjusted PB Ratio is 4.13 as of Jul. 29, 2026, which is 4% below its 10-year median of 4.30. GuruFocus rates XKLS:5024 with a GF Score™ of 93/100 and a GF Value™ of RM1.03 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,437 Consumer Packaged Goods companies, Hup Seng Industries Bhd ranks worse than 86.22% on this metric.

As of today (2026-07-29), Hup Seng Industries Bhd's current share price is RM0.95. Hup Seng Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM0.23. Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio for today is 4.13.

The historical rank and industry rank for Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:5024' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.65   Med: 4.3   Max: 5.74
Current: 4.12

During the past years, Hup Seng Industries Bhd's highest Cyclically Adjusted PB Ratio was 5.74. The lowest was 2.65. And the median was 4.30.

XKLS:5024's Cyclically Adjusted PB Ratio is ranked worse than
86.22% of 1437 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs XKLS:5024: 4.12

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Hup Seng Industries Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM0.220. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM0.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hup Seng Industries Bhd  (XKLS:5024) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Hup Seng Industries Bhd Cyclically Adjusted PB Ratio Related Terms


Hup Seng Industries Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hup Seng Industries Bhd Cyclically Adjusted PB Ratio Chart

Hup Seng Industries Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 3.14 3.41 5.25 4.32

Hup Seng Industries Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.37 4.05 4.34 4.32 4.24

XKLS:5024 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hup Seng Industries Bhd Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:5024
93GF Score
Hup Seng Industries Bhd XKLS:5024
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hup Seng Industries Bhd Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.95/0.23
=4.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hup Seng Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hup Seng Industries Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.22/330.2130*330.2130
=0.220

Current CPI (Mar. 2026) = 330.2130.

Hup Seng Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.217 241.018 0.297
201609 0.210 241.428 0.287
201612 0.229 241.432 0.313
201703 0.203 243.801 0.275
201706 0.215 244.955 0.290
201709 0.206 246.819 0.276
201712 0.204 246.524 0.273
201803 0.198 249.554 0.262
201806 0.209 251.989 0.274
201809 0.202 252.439 0.264
201812 0.196 251.233 0.258
201903 0.190 254.202 0.247
201906 0.202 256.143 0.260
201909 0.194 256.759 0.249
201912 0.184 256.974 0.236
202003 0.182 258.115 0.233
202006 0.193 257.797 0.247
202009 0.182 260.280 0.231
202012 0.175 260.474 0.222
202103 0.167 264.877 0.208
202106 0.172 271.696 0.209
202109 0.162 274.310 0.195
202112 0.174 278.802 0.206
202203 0.172 287.504 0.198
202206 0.176 296.311 0.196
202209 0.171 296.808 0.190
202212 0.176 296.797 0.196
202303 0.178 301.836 0.195
202306 0.179 305.109 0.194
202309 0.186 307.789 0.200
202312 0.203 306.746 0.219
202403 0.200 312.332 0.211
202406 0.211 314.175 0.222
202409 0.213 315.301 0.223
202412 0.205 315.605 0.214
202503 0.198 319.799 0.204
202506 0.209 322.561 0.214
202509 0.208 324.800 0.211
202512 0.207 324.054 0.211
202603 0.220 330.213 0.220

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 4.13 mean?
Hup Seng Industries Bhd (XKLS:5024) has a Cyclically Adjusted PB Ratio of 4.13 as of Jul. 29, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Hup Seng Industries Bhd and its competitors. This is near median its historical median of 4.30. Over the past decade, Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio has ranged from 2.65 to 5.74. According to the industry distribution chart, Hup Seng Industries Bhd ranks #1239 out of 1437 companies in the Consumer Packaged Goods industry, placing it in the top 86.2%.
Is Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio too high?
Hup Seng Industries Bhd's current Cyclically Adjusted PB Ratio of 4.13 is near median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 5.74. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Hup Seng Industries Bhd's value of 4.13 is 230.4% above this industry median. Based on the distribution chart, Hup Seng Industries Bhd ranks #1239 out of 1437 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Hup Seng Industries Bhd has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hup Seng Industries Bhd ranks #1239 out of 1437 companies for Cyclically Adjusted PB Ratio. This places Hup Seng Industries Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Hup Seng Industries Bhd's value of 4.13 is 230.4% above this benchmark. Historically, Hup Seng Industries Bhd's own Cyclically Adjusted PB Ratio has ranged from 2.65 to 5.74 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 1.25, Hup Seng Industries Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,437 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hup Seng Industries Bhd's current Cyclically Adjusted PB Ratio of 4.13 is 230.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Hup Seng Industries Bhd and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hup Seng Industries Bhd's current Cyclically Adjusted PB Ratio is 4.13, which is near median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hup Seng Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hup Seng Industries Bhd (XKLS:5024) is currently considered Fairly Valued. The stock's GF Value™ is RM1.03, compared to a current price of RM0.95 — trading 7.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.13, which is near median its 10-year median of 4.30 and 230.4% above the Consumer Packaged Goods industry median of 1.25. Hup Seng Industries Bhd's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Hup Seng Industries Bhd (XKLS:5024), the current Cyclically Adjusted PB Ratio is 4.13 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hup Seng Industries Bhd (XKLS:5024) Overvalued in 2026?

Based on GuruFocus' analysis, Hup Seng Industries Bhd stock appears to be undervalued. The current stock price of RM0.95 is trading 7.8% below its estimated GF Value™ of RM1.03. GuruFocus considers Hup Seng Industries Bhd to be Fairly Valued.

Key valuation signals for XKLS:5024:

  • Cyclically Adjusted PB Ratio: 4.13 (near median its 10-year median of 4.30)
  • GF Value™: RM1.03 vs. price of RM0.95 (7.8% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 230.4% above the Consumer Packaged Goods median (#1239 of 1437)

No single metric tells the full story. See the XKLS:5024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hup Seng Industries Bhd Business Description

Address 14 Jalan Kilang, Kawasan Perindustrian, Batu Pahat, Tongkang Pecah, JHR, MYS, 83010
Hup Seng Industries Bhd is engaged in the business of manufacture and sales of biscuits and coffee mix, and dealers in biscuits, confectionery and other foodstuff. Principally, it is involved in the production and sale of biscuits and confectionery food items as well as beverages. The company operates through three segments. Its Biscuit manufacturing segment manufactures and sells biscuits. The beverage manufacturing segment consists of wholesale coffee mix and all kinds of foodstuffs. Its Trading division segment markets and distributes biscuits, confectionery, and other foodstuffs. The company offers special cream crackers, cookies, cream sandwich biscuits, peanut butter sandwiches, and many more. Instant Coffeemix, Teas and Cereals, Rice crackers, and other products.
93GF Score

Get the complete analysis for XKLS:5024

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.95
Price
RM1.03
GF Value